Cvs Health (CVS) Stake Maintained by Narwhal Capital Management; Wells Fargo Co New (WFC) Stock Price Rose While Taurus Asset Management Lifted Stake

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Narwhal Capital Management increased its stake in Cvs Health Corp (CVS) by 56.89% based on its latest 2018Q2 regulatory filing with the SEC. Narwhal Capital Management bought 9,848 shares as the company’s stock rose 13.02% with the market. The hedge fund held 27,160 shares of the medical and nursing services company at the end of 2018Q2, valued at $1.75 million, up from 17,312 at the end of the previous reported quarter. Narwhal Capital Management who had been investing in Cvs Health Corp for a number of months, seems to be bullish on the $95.81 billion market cap company. The stock decreased 3.24% or $2.48 during the last trading session, reaching $74.09. About 10.56M shares traded or 28.01% up from the average. CVS Health Corporation (NYSE:CVS) has declined 6.20% since December 8, 2017 and is downtrending. It has underperformed by 21.82% the S&P500.

Taurus Asset Management Llc increased its stake in Wells Fargo Co New (WFC) by 2.91% based on its latest 2018Q2 regulatory filing with the SEC. Taurus Asset Management Llc bought 6,985 shares as the company’s stock rose 1.41% with the market. The institutional investor held 246,898 shares of the major banks company at the end of 2018Q2, valued at $13.69 million, up from 239,913 at the end of the previous reported quarter. Taurus Asset Management Llc who had been investing in Wells Fargo Co New for a number of months, seems to be bullish on the $236.59B market cap company. The stock decreased 1.62% or $0.83 during the last trading session, reaching $50.26. About 28.51 million shares traded or 29.31% up from the average. Wells Fargo & Company (NYSE:WFC) has risen 8.47% since December 8, 2017 and is uptrending. It has underperformed by 7.15% the S&P500. Some Historical WFC News: 17/05/2018 – Wells Fargo Has Faced Regulatory Sanctions Related to Risk Management and Controls; 06/03/2018 – RPT-Investor group says Wells Fargo to publish report on sales scandal; 08/05/2018 – Gentex at Wells Fargo Industrials Conference Tomorrow; 01/05/2018 – T-Mobile Earnings ‘Anti-Climactic’: Wells Fargo’s Fritzsche (Video); 02/05/2018 – Wells Fargo Bank NA Exits Position in Stanley Black; 08/03/2018 – Norwest Equity Partners and Gopher Resource Complete Sale to Energy Capital Partners; 04/05/2018 – WELLS FARGO REACHES PACT IN PRINCIPLE TO RESOLVE CONSOLIDATED S; 26/04/2018 – Autoliv Presenting at Wells Fargo Industrials Conference May 9; 10/05/2018 – WELLS FARGO WFC.N CEO SLOAN SAYS BANK MAKING PLANS TO OPERATE UNDER FED’S ASSET CAP “FOR THE FIRST PART OF 2019”; 03/04/2018 – Calif Water Svc Grp Raised to Market Perform From Underperform by Wells Fargo

Since August 7, 2018, it had 0 buys, and 1 insider sale for $5.87 million activity.

Investors sentiment increased to 0.72 in Q2 2018. Its up 0.13, from 0.59 in 2018Q1. It is positive, as 69 investors sold WFC shares while 705 reduced holdings. 113 funds opened positions while 443 raised stakes. 3.60 billion shares or 0.58% less from 3.62 billion shares in 2018Q1 were reported. Ls Inv Advisors Lc, a Michigan-based fund reported 209,939 shares. Murphy Pohlad Asset Mngmt Limited stated it has 1.37% of its portfolio in Wells Fargo & Company (NYSE:WFC). Alpine Woods Invsts Limited Liability Corp owns 902,107 shares for 10.91% of their portfolio. Bruni J V And has 0.1% invested in Wells Fargo & Company (NYSE:WFC) for 10,000 shares. Lombard Odier Asset Mgmt (Switzerland) reported 12,582 shares. Live Your Vision stated it has 139 shares or 0% of all its holdings. Altfest L J & Incorporated stated it has 0.29% in Wells Fargo & Company (NYSE:WFC). 17,293 are held by White Pine Limited Liability Corporation. Moreover, Farmers & Merchants Invs Inc has 2.2% invested in Wells Fargo & Company (NYSE:WFC) for 546,879 shares. First Commercial Bank holds 0.34% in Wells Fargo & Company (NYSE:WFC) or 39,285 shares. Spc Financial has 4,501 shares for 0.05% of their portfolio. Smithbridge Asset Mngmt De has invested 0.41% of its portfolio in Wells Fargo & Company (NYSE:WFC). Oarsman Capital Inc stated it has 12,013 shares or 0.3% of all its holdings. Meeder Asset Mngmt holds 0% or 126,949 shares. Alphamark Advsrs Limited Liability Corporation invested in 156 shares.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 18 have Buy rating, 7 Sell and 14 Hold. Therefore 46% are positive. Wells Fargo & Company had 157 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Wells Fargo & Company (NYSE:WFC) earned “Hold” rating by Jefferies on Friday, July 7. The firm has “Buy” rating by Citigroup given on Monday, October 9. The stock has “Neutral” rating by Macquarie Research on Friday, September 7. Sandler O’Neill upgraded the stock to “Buy” rating in Wednesday, September 2 report. The company was maintained on Sunday, April 15 by Piper Jaffray. The stock has “Neutral” rating by JP Morgan on Wednesday, September 21. The company was maintained on Tuesday, September 27 by FBR Capital. The firm earned “Neutral” rating on Wednesday, January 10 by Atlantic Securities. The firm has “Outperform” rating given on Monday, September 19 by Robert W. Baird. The firm has “Buy” rating given on Tuesday, January 19 by Argus Research.

Taurus Asset Management Llc, which manages about $738.50M and $684.97 million US Long portfolio, decreased its stake in Analog Devices Inc (NASDAQ:ADI) by 3,885 shares to 165,560 shares, valued at $15.88M in 2018Q2, according to the filing. It also reduced its holding in Disney Walt Co (NYSE:DIS) by 3,050 shares in the quarter, leaving it with 313,871 shares, and cut its stake in Nike Inc (NYSE:NKE).

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Investorideas.com which released: “CNBC Transcript: Wells Fargo (NYSE: $WFC) CEO Tim Sloan Speaks With CNBC’s Wilfred Frost Today On CNBC’s “squawk On The Street” – InvestorIdeas.com” on December 04, 2018, also Bizjournals.com with their article: “Banking Roundup: Wells Fargo fires district managers over improper sales practices… BofA shakes up management – New York Business Journal” published on December 05, 2018, Investorplace.com published: “Don’t Assume Under Armour Stock Will Continue to Grow Comfortably – Investorplace.com” on December 06, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Bizjournals.com and their article: “Stocks of Georgia banks battered Tuesday as Dow plunges – Atlanta Business Chronicle” published on December 04, 2018 as well as Bizjournals.com‘s news article titled: “As stock market stumbles, here’s how Charlotte companies are faring – Charlotte Business Journal” with publication date: December 04, 2018.

Since August 27, 2018, it had 0 buys, and 6 insider sales for $6.93 million activity. The insider Bisaccia Lisa sold $1.72M. Hourican Kevin sold $642,300 worth of stock or 8,564 shares. $1.03M worth of CVS Health Corporation (NYSE:CVS) was sold by Boratto Eva C. Brennan Troyen A had sold 14,229 shares worth $1.17 million.

More notable recent CVS Health Corporation (NYSE:CVS) news were published by: 247Wallst.com which released: “Infant Ibuprofen Recall Hits Walmart, CVS, Family Dollar Stores – 24/7 Wall St.” on December 06, 2018, also Seekingalpha.com with their article: “CVS Health: Becoming A Healthcare Powerhouse – Seeking Alpha” published on November 19, 2018, Globenewswire.com published: “Report: Exploring Fundamental Drivers Behind CVS Health, TransCanada, Nektar Therapeutics, LendingTree, Spectrum Pharmaceuticals, and TripAdvisor — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” on December 03, 2018. More interesting news about CVS Health Corporation (NYSE:CVS) were released by: Seekingalpha.com and their article: “Check Out This New Move By CVS – Seeking Alpha” published on December 03, 2018 as well as Bizjournals.com‘s news article titled: “Infant ibuprofen recall at Walmart, CVS, Family Dollar – Philadelphia Business Journal” with publication date: December 07, 2018.

Investors sentiment increased to 1.07 in 2018 Q2. Its up 0.17, from 0.9 in 2018Q1. It increased, as 65 investors sold CVS shares while 477 reduced holdings. 119 funds opened positions while 459 raised stakes. 816.99 million shares or 0.49% less from 821.03 million shares in 2018Q1 were reported. Garland Cap Mngmt Inc holds 2.7% in CVS Health Corporation (NYSE:CVS) or 60,290 shares. Tarbox Family Office reported 0.01% in CVS Health Corporation (NYSE:CVS). Becker reported 0.01% stake. Fmr Ltd Liability Co holds 0.22% or 28.82 million shares. Essex Invest Management owns 0.16% invested in CVS Health Corporation (NYSE:CVS) for 20,155 shares. Savings Bank Pictet And Cie (Asia) Ltd owns 7,870 shares for 0.23% of their portfolio. Cap City Trust Fl stated it has 20,930 shares. Wealth Enhancement Advisory Lc invested in 42,018 shares. Monetary Mngmt Grp holds 21,075 shares. Northern Mngmt Limited Liability Company accumulated 0.9% or 57,884 shares. Pennsylvania Trust Communications has 79,644 shares for 0.23% of their portfolio. Savant Capital Ltd Liability invested in 0.09% or 6,533 shares. Ally Fincl owns 1.14% invested in CVS Health Corporation (NYSE:CVS) for 90,000 shares. 3.49M were reported by Primecap Mngmt Ca. Guyasuta Inv Advsr, Pennsylvania-based fund reported 3,543 shares.

Narwhal Capital Management, which manages about $490.63 million and $429.95 million US Long portfolio, decreased its stake in Anheuser Busch Inbev Sa/Nv (NYSE:BUD) by 8,470 shares to 23,765 shares, valued at $2.40M in 2018Q2, according to the filing. It also reduced its holding in Dell Technologies Inc by 14,281 shares in the quarter, leaving it with 22,481 shares, and cut its stake in Amgen Inc (NASDAQ:AMGN).

Among 28 analysts covering CVS Health (NYSE:CVS), 22 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive. CVS Health had 84 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, June 9 by Jefferies. The rating was maintained by Leerink Swann on Monday, January 8 with “Buy”. Jefferies maintained the stock with “Hold” rating in Wednesday, August 16 report. As per Monday, August 14, the company rating was downgraded by Wolfe Research. Deutsche Bank maintained CVS Health Corporation (NYSE:CVS) rating on Thursday, August 20. Deutsche Bank has “Hold” rating and $121 target. As per Monday, November 2, the company rating was maintained by Oppenheimer. The firm has “Buy” rating by RBC Capital Markets given on Thursday, February 8. RBC Capital Markets maintained it with “Buy” rating and $95.0 target in Monday, December 4 report. As per Friday, April 28, the company rating was initiated by Tigress Financial. Jefferies maintained CVS Health Corporation (NYSE:CVS) rating on Tuesday, November 7. Jefferies has “Hold” rating and $76 target.

Wells Fargo & Company (NYSE:WFC) Institutional Positions Chart

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